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Haven't posted in a long time and I put my purchase on hold last year, but I'm getting the bug again to buy. Does anyone have up-to-date info on 2004-2005 Cambiocorsa Coupes at Manheim, Riverside, Chicago, etc? I know Spicoli25 was very helpful back in Aug. 2007 when I inquired about Spyders, but I haven't seen any recent info as of late. I'm considering working with an auto dealer and buying at auction, but would like to know where these are trading. Vehicle history, service records and peace of mind come with the local MF dealer, but I still can't get over what they're asking and I think I'd take my chances. Thanks in advance.
 

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Haven't posted in a long time and I put my purchase on hold last year, but I'm getting the bug again to buy. Does anyone have up-to-date info on 2004-2005 Cambiocorsa Coupes at Manheim, Riverside, Chicago, etc? I know Spicoli25 was very helpful back in Aug. 2007 when I inquired about Spyders, but I haven't seen any recent info as of late. I'm considering working with an auto dealer and buying at auction, but would like to know where these are trading. Vehicle history, service records and peace of mind come with the local MF dealer, but I still can't get over what they're asking and I think I'd take my chances. Thanks in advance.
Hope this helps you, these are the most recent reports for this year for vehicles sold at Manheim Auctions.

2004:
06/10/08 FAAO Lease $26,400 37,922 Avg BLACK
05/22/08 RIVRSIDE Lease $28,000 31,856 Avg BLACK
05/22/08 RIVRSIDE Lease $27,000 23,186 Avg SILVER
05/15/08 MANHEIM Lease $31,500 19,692 Above BLUE
05/13/08 FAAO Lease $27,800 41,552 Avg BLUE
05/05/08 CHICAGO Lease $23,000 33,382 Below SILVER

2005:
03/27/08 RIVRSIDE Lease $45,500 17,863 Above
03/27/08 RIVRSIDE Lease $39,000 20,289 Avg BLACK
04/08/08 FAAO Lease $40,500 18,056 Avg BLACK
05/01/08 MANHEIM Lease $35,000 14,886 Below
05/22/08 RIVRSIDE Lease $38,000 16,977 Avg BLUE
05/28/08 ATLANTA Regular $43,400 18,201 Avg BLACK

This should help you a great deal.

Jeff
 

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Jeff,

Do you have auction reports for GranSports sold this year?

Thanks in advance.
 

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guys, how can you purchase one of these? you have to be a dealer i'm sure - if i knew that the car i'm buying has not been in an accident, i'd buy a 2004 w/20k for $30k...OR a 2005 w/same terms for high $30's...

those seem like crazy deals! anyone have info on how to purchase at one of these auctions? thanks...
 

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guys, how can you purchase one of these? you have to be a dealer i'm sure - if i knew that the car i'm buying has not been in an accident, i'd buy a 2004 w/20k for $30k...OR a 2005 w/same terms for high $30's...

those seem like crazy deals! anyone have info on how to purchase at one of these auctions? thanks...
You have to be a dealer. These are dealer only auctions. I own two used car dealerships and have taken friends to sales before to purchase cars. If you had a friend who is a dealer they could take you to the auction and buy the car for you. You would give them the cash and I would suggest a little bonus for their time. Unfortunately these cars are not announced with any previous accidents. You can check the car before bidding.

Jeff
 

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Jeff,

Do you have auction reports for GranSports sold this year?

Thanks in advance.
You did not ask for a year so I did a search for 05 and 06 GranSports Coupes for you. Here they are:

2005:
05/15/08 MANHEIM Lease $52,250 23,664 Avg BLACK
05/08/08 RIVRSIDE Lease $52,000 7,292 Avg WHITE
04/03/08 MANHEIM Regular $54,000 7,918 Avg BLK MET
02/28/08 RIVRSIDE Lease $49,500 25,737 Avg WHITE
02/28/08 RIVRSIDE Factory $43,000 23,496 Below WHITE
02/07/08 MANHEIM Regular $58,000 7,274 Above BLK MET

2006:
03/13/08 W PALM Lease $61,000 2,838 Avg GRAY
03/13/08 RIVRSIDE Factory $41,750 18,895 Below BLACK
04/24/08 RIVRSIDE Regular $57,000 18,843 Avg BLACK
05/01/08 MANHEIM Regular $62,500 3,950 Above BLACK
05/01/08 MANHEIM Regular $55,750 4,371 Avg BLUE
06/04/08 W PALM Regular $62,000 3,179 Above WHITE

Hope this helps you.

Jeff
 

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I was looking for both 05 and 06 so this is perfect.

Thanks!!!

You did not ask for a year so I did a search for 05 and 06 GranSports Coupes for you. Here they are:

2005:
05/15/08 MANHEIM Lease $52,250 23,664 Avg BLACK
05/08/08 RIVRSIDE Lease $52,000 7,292 Avg WHITE
04/03/08 MANHEIM Regular $54,000 7,918 Avg BLK MET
02/28/08 RIVRSIDE Lease $49,500 25,737 Avg WHITE
02/28/08 RIVRSIDE Factory $43,000 23,496 Below WHITE
02/07/08 MANHEIM Regular $58,000 7,274 Above BLK MET

2006:
03/13/08 W PALM Lease $61,000 2,838 Avg GRAY
03/13/08 RIVRSIDE Factory $41,750 18,895 Below BLACK
04/24/08 RIVRSIDE Regular $57,000 18,843 Avg BLACK
05/01/08 MANHEIM Regular $62,500 3,950 Above BLACK
05/01/08 MANHEIM Regular $55,750 4,371 Avg BLUE
06/04/08 W PALM Regular $62,000 3,179 Above WHITE

Hope this helps you.

Jeff
 

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Jeff,

One more question if you don't mind. I have seen that auction houses like Manheim charge a fee when a dealer purchases a vehicle. I've seen that the fee in some cases is a percentage of the auction price and that fee ranging anywhere from 1% to 4%. What is the buyer fee from Manheim for exotics like Maseratis? I know that a delaer will typically also have costs associated with financing, shipping and reconditioning that would be on top of the auction price+fee. I'm trying to get at a reasonable cost above the auction price to get a floor on some of these cars purchased at auction.

Thanks again in advance!!!
 

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While auctions are tempting, there are few "bargains" in the exotic car world. Exotics, including Maseratis, sold through auctions like Manheim are usually pretty undesirable. To make it to Manheim, a car would have to be undesirable to the originating dealer/wholesaler and can't be sold through the exotic car networks.

A Maserati purchased at Manheim usually won't be close to a car purchased at a reputable Maserati dealer. There is tremendous value in buying a car that has been inspected, updated (software), and comes with a documented service history. Pedigree is questionable, at best, with auction cars.

Caveat emptor!



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While auctions are tempting, there are few "bargains" in the exotic car world. Exotics, including Maseratis, sold through auctions like Manheim are usually pretty undesirable. To make it to Manheim, a car would have to be undesirable to the originating dealer/wholesaler and can't be sold through the exotic car networks.

A Maserati purchased at Manheim usually won't be close to a car purchased at a reputable Maserati dealer. There is tremendous value in buying a car that has been inspected, updated (software), and comes with a documented service history. Pedigree is questionable, at best, with auction cars.

Caveat emptor!
good advice
 

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Jeff,

One more question if you don't mind. I have seen that auction houses like Manheim charge a fee when a dealer purchases a vehicle. I've seen that the fee in some cases is a percentage of the auction price and that fee ranging anywhere from 1% to 4%. What is the buyer fee from Manheim for exotics like Maseratis? I know that a delaer will typically also have costs associated with financing, shipping and reconditioning that would be on top of the auction price+fee. I'm trying to get at a reasonable cost above the auction price to get a floor on some of these cars purchased at auction.

Thanks again in advance!!!
Dealer only auctions charge buyer and seller fees. The fees range from as low as $50 for a cheap $500 car. The auctions do not charge a percentage but a flat fee. I don't buy high exotics to sell but plan on buying a Lambo in the future for personal use. The dealer costs for shipment are not that expensive. I have cars transport to my dealership for $72 per car. But remember they are much less expensive cars. If you were to buy from an auction I would have it trailered in an enclosed trailer to avoid road scars. This cost could be expensive. Some Dealers us floor plan companies to purchase their cars, these fees once again depend on how long the car is in inventory. I use floor plan companies that don't charge interest if you sell the car through their company. Most floor fee companies will give you 30-90 days before having to pay for the car in full. Sometimes it is better to purchase from a dealer because they check the car and offer warranties. Cars bought at auctions are As Is after the 1st hour in most cases. Unless there is a factory warranty on the car still.
Hope this helps
Jeff
 

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While auctions are tempting, there are few "bargains" in the exotic car world. Exotics, including Maseratis, sold through auctions like Manheim are usually pretty undesirable. To make it to Manheim, a car would have to be undesirable to the originating dealer/wholesaler and can't be sold through the exotic car networks.

A Maserati purchased at Manheim usually won't be close to a car purchased at a reputable Maserati dealer. There is tremendous value in buying a car that has been inspected, updated (software), and comes with a documented service history. Pedigree is questionable, at best, with auction cars.

Caveat emptor!
Most exotics being sold at auctions are actually dealer trades, that is why you will notice the low miles. Most exotic dealers need to turn the trade quickly instead of sitting with it in there inventory. This can be costly if someone trades in a 2006 GranSport Spyder (Trade Value $72,000) for a $200,000 lambo. They will sit with it for a bit then move it to an auction. Also some dealers will sell an exotic new and then take it back in on a trade 1-2 years later and sell it at an auction if it doesn't move on there floor. Used exotics generally are not that much less expensive from a new one. Customers that can afford an exotic would much rather buy new than used.

This being said I still personally feel that if you want to buy an exotic you will get special service from an exotic dealer. It might cost you $5,000 more but in the long run you might be happier. I personally would buy from the auction because I can save the sales tax and then drive and resell the car as I wish.

I also feel that you can get a great buy on used exotics from personal sellers. If you find one that is for sale with documents you can get a great buy.

Jeff
 

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Most exotics being sold at auctions are actually dealer trades
I agree that most exotics being sold at auctions are dealer trades. The issue is that the dealer was not able to sell the car out of inventory, and then was unable to sell through the exotic car networks, and auctions were the last option. Let's face it, if the car had no stories, full documentation, and was priced right, the originating dealer would just sell it him/herself.

Used exotics generally are not that much less expensive from a new one.
While this may be the case with late model Ferraris and Lamborghinis, we are all painfully aware of the fact that used Maseratis sell for significantly less than new.



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